Tengasco Performance Reported in Oil & Gas Financial Journal

KNOXVILLE, TN

The May 2008 issue of the publication Oil & Gas Financial Journal reporting on the performance of public oil and gas companies lists Tengasco as the 12th fastest growing oil and gas company, 5th best in percentage return on total assets, and 6th best in return on total revenue percentage based upon the measures used by the magazine. You can obtain a copy of this article at:

http://www.ogfj.com/display_article/328071/82/ARTCL/none/none/1/4Q07-earnings,-revenues-see-substantial-increases/

Jeffrey R. Bailey, Chief Executive Officer of the Company, said, "It is extremely gratifying for the efforts of Tengasco to be recognized in several critical categories of growth in an industry publication like the Oil & Gas Financial Journal. For Tengasco to be named as a leader in three separate categories of the 144 public companies covered by the article is a strong vote of confidence in the direction and management model that is serving us well. While the oil and gas industry has certainly received a benefit from higher commodity prices, measures like those described in this article tend to be more a reflection of efforts generated by the Company's actions and the efforts of its employees, and the subsequent results of those actions and efforts, and therefore are received on behalf of Tengasco with great pride."

Tengasco also wishes to remind shareholders of the Company's upcoming annual meeting of stockholders, to be held at the Hilton Homewood Suites in Knoxville, Tennessee on June 2, 2008 at 9:00 am (Eastern Daylight Savings Time).

Forward-looking statements made in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties which may cause actual results to differ from anticipated results, including risks associated with the timing and development of the Company's reserves and projects as well as risks of downturns in economic conditions generally, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact: Tengasco, Inc. Jeffrey R. Bailey CEO 865-675-1554

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